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INDIA AIMS TO BOOST EXPORT ZONES BY SHIFTING POWER TO LOCAL LEVEL
N. Vasuki Rao |
Commerce Minister Palaniappan Chidambaram is delegating more power to development commissioners at t
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
STRIKE HALTS OPERATIONS AT KOREA'S KIA MOTORSSEOUL, South Korea - Work stopped at Kia Motors
Maritime
1992 - THE EUROPEAN COMMUNITY ROUNDUP
Journal of Commerce Staff |
EC and Polish negotiators meet in Brussels next week to wrap up an association agreement that will r
Maritime
OPEC'S JUNE OUTPUT ROSE 500,000 BARRELS A DAY
(Reuter) |
OPEC oil production in June increased by 500,000 barrels a day to 22.56 million barrels, partly bec
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 2, 1991Brent Crude Oil - (Dollars Per Barrel)-
COMEX METAL WAREHOUSE
JOC Staff |
July 2, 1991 Copper Total, 26,803. Gold Total, .1,781,699.Silver Total, .265,061,338.
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
CITICORP CHAIRMAN AND CHIEF EXECUTIVE John S. Reed said it's easier to break into the Japanese marke
US FIRMS FIND JAPAN VENTURES SOUR, URGE CAUTION IN SELECTING PARTNERS
William Armbruster |
Thinking of a joint venture in Japan? Be careful. Your partner today could be your competitor tomorr
PEOPLE - FINANCIAL
From Wire and Staff Reports |
Hiromasa Yakushiji was named head of North and South American operations and chairman of Sumitomo Tr
IATA SAYS AIRLINE GLOOM IS LIFTING, BUT TRAFFIC STILL BELOW 1990 LEVELS
(Reuter) |
Shadows cast over the world airline industry by economic recession and the Persian Gulf war may be l
CATASTROPHIC RISK: UNDERWRITERS URGED TO HIKE KNOWLEDGE SPECTRUM OF HAZARDS SAID TO BE WIDENING
Janet Porter |
Underwriters need to analyze catastrophe risks far more scientifically as the spectrum of hazards wi
FEBRUARY RATE HIKE PROPOSAL FALLS SHORT, POSTAL BOARD SAYS NEW INCREASES MAY BE IN THE OFFING
Mark B. Solomon |
The U.S. Postal Service's Board of Governors Tuesday rejected a series of rate increases approved in
LEGAL CHANGES AND COURT DECISIONS IN BRAZIL MAY STEM TRADEMARK PIRACY
James Bruce |
Major changes under way in Brazil's trademark registration system could herald the last of the good
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
AIR PRODUCTS TO RAISE SPECIALTY AMINES PRICESALLENTOWN, Pa. - Air Products & Chemicals Inc.
GENETICS INSTITUTE TO APPEAL DECISION LOCKING IT OUT OF ANTI-ANEMIA MARKET
Boston Globe |
Genetics Institute Inc. appealed to the U.S. Supreme Court a lower court decision to grantpatent pro
USDA SAYS FINANCIAL PROBLEMS THREATEN BRAZIL'S ORANGE SECTOR
Knight-Ridder Financial |
Brazilian orange producers, faced with financial difficulties caused by low juice prices, are spendi
SHIP LINES, AIRLINES FACE CALIF. SALES TAX ON FUEL PURCHASES
Allen R. Wastler |
In a move that will add heftily to carrier costs, budget-strapped California is going to force shipp
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
JUDGE OKS SETTLEMENT OF PENSION FUND SUITA federal court in New York gave preliminary approv
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/2 7/1 Change % Change:
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
UPWARD TREND IN PVC DEMAND IS DRIVEN BY EXPORTS
Patricia Crisafulli |
Producers of a widely used plastic called polyvinyl chloride, or PVC, say they have seen a steady, u
PUBLISHER'S NOTEBOOK
Don C. Becker |
The drumbeat to eliminate nearly $200 million in federal subsidies to U.S. ocean freight carriers se
AMERICAN AIRLINES PREPARED TO ENTER CARGO RATE WAR TRANS-ATLANTIC SERVICE HEATS UP
Keith M. Rockwell |
The president of American Airlines said Tuesday the carrier is prepared to match competitors' cargo
EX-IM BANK BACKS POLISH PLANT LOAN
From Wire Reports |
The U.S. Export-Import Bank announced Monday it had guaranteed most of a loan for a $41 million join
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
INDUSTRIAL OUTPUT IN RUSSIA FELL IN JUNEMOSCOW - Industrial output in the Russian Republic p
EXECUTIVES SEE INCREASE IN BANK-INSURANCE LINKS
From Wire Reports |
A majority of life and property-casualty insurance company executives surveyed expect a greater numb
TRANSPORT BRIEFS
Wire and Staff Reports |
TRUCK EARNINGS PLUNGED 50 PERCENT IN FIRST QUARTERNet operating income of the nation's large
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION: These trade leads are supplied through the World Trade Center NETWO
Maritime
AID'S UNSPENT FUNDING ROSE IN 1990
Pei-Tse Wu |
The U.S. Agency for International Development's "pipeline" of earmarked but still unspent funding ro
Maritime
COMMERCE FINDS DUMPING OF WORD PROCESSORS, ROPE
John Maggs |
The Commerce Department confirmed Tuesday that Japanese-owned Brother Industries and Matsushita Elec
Maritime
PIONEER CHLOR ALKALI FACES $226,000 EPA FINE FOR LEAK
Journal of Commerce Staff |
The Environmental Protection Agency is seeking $226,000 in penalties from Pioneer ChlorAlkali Co., o
BRAZIL'S COFFEE EXPORTS SEEN TURNING HIGHER IN SEPTEMBER
Elizabeth Herrington |
Brazilian coffee exports, slowed by port and bank strikes in late June, should take a strong upturn
USDA COTTON PROGRAM SEEN HURTING SUPPLY
Knight-Ridder Financial |
A leading textile group said it is opposed to a new cotton certificate program, charging that the in
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,315-$1,325 per ton lots & in warehouse min. 99.
COST OF CREDIT
JOC Staff |
Tue., July 2, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NEW CARRIER PACT TARGETS ASIA TRADE
Mark Magnier |
The coming imposition of a new handling fee for cargo shipped between Asian ports signals the emerge
BILL REIGNITES COAL RATE FIGHT RAIL INTERESTS OPPOSE CLAUSE
Tim Sansbury |
A provision slipped into the Senate's national energy strategy bill lays a track for new information
GULFPORT READY TO RESUME REEFER TRADE AFTER FIRE
Janet Plume |
The Mississippi State Port Authority at Gulfport is back in the reefer business following a devastat
Maritime
SLUMP HURTS CARGOES OF COAL, IRON ORE IN LAKES
Kevin Commins |
The economic slowdown in the United States and Canada has led to a sharp drop in Great Lakes coal a
Maritime
MALAYSIA SEEKS LAND FOR NEW COMPLEX AT PORT KELANG
Mark Magnier |
The Malaysian government said it is looking for additional land to build a fourth port area at Port
Maritime
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